appreprute Talies. Assume, on January 1, 2012, a parent company acquired a 90% interest in its subsidiary. The total fair value of the controlling and noncontrolling interests was $936,000 over the book value of the subsidiary's Stockholders' Equity on the acquisition date. The parent assigned the excess to the following [A] assets: Based on the relative acquisition-date fair values of the controlling and noncontrolling interests, Goodwill was allocated to the parent and subsidiary in a 90:10 split, respectively. Assume the parent sells inventory to the subsidiary (downstream) which includes that inventory in products that it ultimately sells to customers outside of the controlled group. You have compiled the following data as of 2018 and 2019: The inventory not remaining at the end of the year has been sold outside of the controlled group. The parent uses the equity method of pre-consolidation investment bookkeeping. The parent and the subsidiary report the following pre-consolidation financial statements at December 31,2019 : appreprute Talies. Assume, on January 1, 2012, a parent company acquired a 90% interest in its subsidiary. The total fair value of the controlling and noncontrolling interests was $936,000 over the book value of the subsidiary's Stockholders' Equity on the acquisition date. The parent assigned the excess to the following [A] assets: Based on the relative acquisition-date fair values of the controlling and noncontrolling interests, Goodwill was allocated to the parent and subsidiary in a 90:10 split, respectively. Assume the parent sells inventory to the subsidiary (downstream) which includes that inventory in products that it ultimately sells to customers outside of the controlled group. You have compiled the following data as of 2018 and 2019: The inventory not remaining at the end of the year has been sold outside of the controlled group. The parent uses the equity method of pre-consolidation investment bookkeeping. The parent and the subsidiary report the following pre-consolidation financial statements at December 31,2019